Listing Broker: Sound Point Real Estate LLC; Keith C. Bruce; 206-226-4663; keith@soundpointre.com
FIXER ALERT! Calling builders, flippers, investors, and buyers who aren't afraid of real work. This 1905 two-story needs updating throughout, but the bones are here and so is the land: a generous 8,300 sq ft lot with 83 ft of frontage. Offering 1,876 sq ft, 3 bedrooms, 2 full baths, a partially finished basement, and an attached garage, it's a blank canvas priced for the buyer ready to roll up their sleeves. Zoned UR-1 under Tacoma's "Home in Tacoma" middle-housing code, which may allow additional units such as ADUs, a backyard building, or a DADU on a lot this size. Renovate and resell, add units and hold, or map out a redevelopment plan. Owner-occupants: a strong candidate for an FHA 203(k) or Fannie Mae HomeStyle renovation loan, so you can buy and rehab with one mortgage. Cash and renovation financing preferred; property may not qualify for standard financing in its current condition. Centrally located minutes to Tacoma Mall, shopping, dining, and parks, with quick I-5 access for easy commutes north to Seattle or south to JBLM. Land with this much upside, this close to everything, is getting hard to find. Sold as-is. Buyer to verify zoning, density, and development potential with the City of Tacoma. Bring your contractor, your lender, and your vision!
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